Reimbursement Director
4 days ago
Under the general direction of the Executive Director, Corporate Controller, the Reimbursement Director is responsible for coordinating all CMS reporting requirements, including oversight of GME reporting functions. Additionally, this role involves the administration of the charge description master and revenue forecasting for both budget and month-end close. The Reimbursement Director will serve as the organization's expert on CMS regulatory changes and provide recommendations to senior management related to proposed changes. This role will also take the lead for the organization's Accounts Receivable review and analysis.
Minimum Job Qualifications- Licensure or other certifications: Bachelor's Degree in Business Administration, Finance, Accounting, or other related area
- Minimum Experience: Minimum five (5) to seven (7) years relevant work experience in healthcare financial management, including revenue modeling and CMS cost reporting activities
- Other:
- Preferred Licensure or other certifications: Master's degree or CPA
- Preferred Educational Requirements: Master's degree or CPA
- Preferred Experience: Operational experience as a Director in a health system
- Other:
- Ability to research complex coding, reimbursement, and regulatory requirements
- Knowledge of clinical settings such as Laboratory, Radiology, Physical or Occupational Therapy, Respiratory Therapy, Cardiology, or Oncology
- Must have a good understanding of the CDM and its relationship to related areas such as the General Ledger, Cost Accounting, Inventory, Productivity, Cost Reporting, and Budget
- Extensive knowledge of CPT/HCPCS, UB-92 Revenue Coding, modifiers, billing regulations, DRGs, and APCs
- Understanding of Graduate Medical Education and healthcare financing issues
- Possess effective time management skills to permit handling of a large workload
- Ability to multi-task and work under aggressive deadlines
- Ability to understand and analyze payor contracts/regulations and model net revenue impacts based on reimbursement and coding guidelines
- Oversight of Charge Description Master functions and reimbursement analysis
- Supervision and coordination of Charge-master management functions in researching coding and billing guidelines, researching insurance contracts, and updating hospital Charge-master
- Works with the revenue-producing departments to ensure the ongoing coordinated consistency of the Charge-master, including accurate descriptions, coding, additions, deletions, pricing, charging methodology, and any other changes
- Collaborate with managerial and supervisory staff to ensure regulatory billing with correct coding on accounts
- Maintain a working knowledge of revenue cycle process to aid in the implementation of regulatory standards that assist the health system in cash collection while accurately complying with billing guidelines
- Monitor compliance with corporate, federal, and state guidelines
- Oversees all cost reporting to CMS for funding for GME programs in cooperation with the Finance Department
- Work with Finance to perform applicable analyses to understand net revenue effect of proposed Charge-master changes
- Performs analysis, identifies trends, validation of compliance as related to fiscal activities generating additional revenue, reducing bad debt expense, and charity write-offs and overall expense reduction
- Remain current with updated coding and billing regulations
- Prepares, monitors, and files Medicare and Medicaid Cost Reports assuring maximization of reimbursement from third-party payors
- Responds to surveys affecting Medicare and Medicaid rate revisions, interim payments, and hospital-based physician arrangements
- Monitors changes and proposed changes to Medicare and Medicaid regulations and determines the financial effect of these changes on the organization
- Coordinates financial audits conducted by CMS, DCH, and other governmental intermediaries on prior year's cost reports and surveys
- Provides management for Indigent Care Trust Fund processes and reporting
- Weight Lifted: Up to 20lbs, Occasionally 0-30%
- Weight Carried: Up to 20lbs, Occasionally 0-30%
- Vision: Moderate, Constantly 66-100%
- Kneeling/Stooping/Bending: Occasionally 0-30%
- Standing/Walking: Occasionally 0-30%
- Pushing/Pulling: Occasionally 0-30%
- Intensity of Work: Constantly 66-100%
- Job Requires: Reading, Writing, Reasoning, Talking, Keyboarding, Driving
Working at Northeast Georgia Health System means being part of something special: a team invested in you as a person, an employee, and in helping you reach your goals.
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Reimbursement Director
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